The country will be inviting tenders for 49 concession areas, with the process set for completion at the end of April.
ASEAN
Island nation will be granted observer status at ASEAN meetings, including summit plenaries; Myanmar’s military leaders still barred from high-level meetings.
China plans to encourage Chinese enterprises to invest and start businesses in Timor-Leste, contributing to its development and revitalisation.
Exports perform well, with automobiles, aircraft, beef and poultry among best performers, Foreign Trade Secretariat reports.
Total trade hits 332 billion yuan, up by 21.5%, with exports of mechanical and electrical products particularly strong.